Middle East – Page 19
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Chinese to foster Iranian port
Iran Cooperative Chamber and China''s Chamber of Commerce in the Middle East have signed a contract which will see the latter build a third-generation port in Iran. This will be in cooperation with the Bandar Sazan-e Genaveh company.
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T3 go ahead at Jebel Ali
Because of rising demand, DP World is to commence construction of Terminal 3 at Jebel Ali Port, although it is unlikely it will open before the end of the current year.
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Gulftainer records another 10% rise
After gaining a 10% rise during 2009''s downturn, Gulftainer''s UAE facilities Khorfakkan Container Terminal (KCT) and Sharjah Container Terminal (SCT) have againe increased volumes by another 10% to just over 3 million teu, says the company.
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Salalah draws in the masses
The Port of Salalah has confirmed that it has received bids from 19 companies interested in building a major new general cargo terminal and liquid jetty. The estimated cost is $181m.
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DP World returns to 2008 levels
In the first nine months of 2010, DP World global traffic rose 15% to 36.7m teu, marking a return to 2008 levels.
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Jebel Ali maintains position despite downturn
Once clearly streets ahead as a regional port, Jebel Ali took a hit in the economic downturn, with decline in origin and destination cargo being more pronounced in Dubai than in other Emirates ports.
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Transhipment deals for Salalah
The Port of Salalah has, alongside its general cargo offering, attracted a degree of transhipment so it is now in the process of adding to its feeder network in order to support lines without their own service.
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Leadership race
Alex Hughes asks which port will be ‘just right’ to play the part of Middle East superport
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Transas wins Libyan contract
Vessel tracking management specialist Transas Marine has signed a “multi-million Euro” VTMS contract with Libyan Ports and Maritime Transport Authority (PMTA). Transas will now supply and install Libya’s national scale Coastal Surveillance System covering almost 2,000 km of coastline and the country’s 15 main ports.
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DP World to double Sokhna capacity
Egypt has given DP World the green light for an ambitious expansion plan at its Sokhna base.
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Piracy issues will hit ports
The growth of piracy has put pressure on ports to decide on their attitudes and policy.
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Too little, too late
Israel’s softly, softly approach to reformation could be its downfall. Mike Mundy reports
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Iraq’s gateway moves forward
The proper start to commercial operations at Umm Qasr’s Berth 8 marks a small but significant step in the development of Iraq''s infrastructure, with the mobile harbour cranes presently on their way.
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Sohar seeks bulk operator
Oman’s port of Sohar is in the process of selecting an operator for its new bulk terminal, which will handle both aggregates and minerals.
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APS and Zebra partnership
APS Technology has partnered with Zebra Enterprise Solutions to integrate the former’s optical character recognition portals and driver kiosks with the latter’s terminal operating system at Gulf Stevedoring Contracting Company (GSCCO) Jeddah and Jubail terminals. GSCCO operates three of the largest ports in Saudi Arabia and is in the process ...
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DP World now third largest operator
DP World is now the world''s third-largest port operator, according to a report from Drewry Shipping Consultants.
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Hyundai to build Kuwaiti port
Hyundai Engineering and Construction Company of South Korea, in a joint venture with local company the Kharafi Group, has been awarded a $1.1bn contract by Kuwait to build a new port near the border with Iraq. This will open in 2015 with four berths.
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Size will matter in Middle East
Saudi’s Red Sea Gateway Terminal (RSGT) in Jeddah Islamic Port is betting on the outlines of the Middle East’s maritime industry being substantially pushed by the bigger sizes of vessels entering the market.
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IPOs delayed at Israeli ports
IPOs at both Haifa and Ashdod ports in Israel have been suspended given that the Finance Ministry and port operators have failed to resolve a series of outstanding issues.
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Abu Dhabi to issue bonds
Abu Dhabi Port Company is preparing a $1bn bond issue for early 2011 as a means of financing Khalifa Port & Industrial Zone. The National Bank of Abu Dhabi has been appointed as financial adviser, although no arranger has yet been appointed.